General

Adedunmola Gbadegesin, a Nigerian, has been sentenced to 60 months in prison by a court in the United States over a romance scam. Gbadegesin was said to have been involved in a romance scam scheme that cost a Lexington woman approximately $200,000. BACKGROUND In September 2021, Gbadegesin was arrested over allegations […]

The Central Bank of Nigeria (CBN) says the naira redesign policy is to promote financial inclusion and aid security agencies’ efforts in tackling insecurity. Speaking on Saturday at the 44th Kaduna international trade fair. Osita Nwasinobi, the spokesperson of the CBN, urged Nigerians to embrace alternative payment channels such as eNaira and internet […]

Peter Obi, the presidential candidate of the Labour Party (LP), says his administration will apologise to victims of police brutality if elected. Speaking on Saturday during a rally in Lagos, Obi said his administration will ensure that security operatives do not harass Nigerians. The rally took place at the Tafawa Balewa Square […]

The Nigerian Security Printing and Minting Plc (NSPM) says it has made adequate arrangements to ensure continuous production of the redesigned naira notes. There have been concerns over the scarcity of naira notes, with protests held in parts of the country. Reacting to the development, the Central Bank of Nigeria (CBN) had […]

Some supporters of Peter Obi, the presidential candidate of the Labour Party (LP), have narrated how they were attacked by hoodlums in Lagos. Earlier on Saturday, TheCable had reported that Obi’s supporters were attacked while on their way to Tafawa Balewa Square (TBS), the venue of the party’s presidential campaign rally in the […]

The Central Bank of Nigeria (CBN) says the scarcity of naira notes is not due to a shortage of printing materials at the Nigerian Security Printing and Minting Company (NSPMC).  Godwin Emefiele, CBN governor, had been quoted as saying there is a cash shortage because there is not enough capacity to print new […]

Scores of Boko Haram insurgents have been killed after two Super Tucano jets, operated by the Nigerian Air Force (NAF) under Operation Hadin Kai, bombed their camps in Borno state. Zagazola Makama, a counter-insurgency publication focused on the Lake Chad region, said the military had intelligence suggesting that the terrorists were converging for […]

Frank Nweke II, governorship candidate of the All Progressives Grand Alliance (APGA) in Enugu, has asked residents of the state to vote for Peter Obi of the Labour Party in the presidential election. Nweke said Obi is the best among the three leading presidential candidates. Speaking on Friday at the 48th annual […]